Irs 401k Catch Up Contribution Limits 2024. Employees 50 or older can contribute up to $30,500 with. On nov., 1, 2023, the irs boosted annual contribution limits for 2024 for 401 (k), 403 (b), and most 457 plans.
Contribution maximums will increase from $22,500 to $23,000 for 401 (k), 403 (b) and most 457 plans, as well as the federal government’s thrift savings plan, the irs says. The limit for overall contributions—including the employer match—is 100% of your.